Soon after Prime Minister Narendra Modi underscored the importance of the next generation of reforms under Goods and Services Tax, the Finance Ministry proposed a two-slab GST rate structure along ...

GST reform: The central government is preparing for one of the most significant reforms in the Goods and Services Tax (GST) regime since its launch in 2017. According to CNBC TV18, the Group of ...

GST Rate Changes: The revised GST rates will come into effect on September 22. The Goods and Services Tax (GST) Council on Wednesday approved a complete overhaul of India's tax consumption tax since ...

The 56th meeting of the GST Council, starting today, is expected to take up one of the most significant reform proposals in recent years — a complete exemption of GST on life and health insurance. If ...

The Centre has asked businesses to display tentative price lists for goods, including cars and consumer durables, to showcase the price reduction of the Goods and Services Tax (GST) rate reforms. Also ...

New Delhi: In a major overhaul of the multitiered goods and services tax (GST) structure, the Central government has proposed scrapping the 12% and 28% slabs, among other reforms to India’s indirect ...

The Union finance ministry has held discussions with industry representatives over concerns around the goods and services tax (GST) and recommendations on how to improve the indirect tax levy. The ...

In a major reform, the GST Council on Wednesday approved a simplified two-tier tax structure with rates of 5% and 18%, set to take effect from September 22. The decision was reached during the ...

NEW DELHI: In a significant move in the process of further simplifying India’s tax framework, the Group of Ministers (GoM) has reportedly given its consent for the Goods and Services Tax (GST) rate ...

Union Finance Minister Nirmala Sitharaman announced the new GST structure yesterday, with a slew of changes to the taxation for the automotive industry. While most of the clauses are reserved for the ...